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Home2025May

Month: May 2025

AI

UK goes Bonkers on Green Energy

May 19, 2025 Andy Del Prado

Daily Standup Top Stories Britain’s Plan to Retrain Oil and Gas Workers for Clean Energy Jobs May 18, 2025 Clark Savage ENB Pub Note: The following is an interesting article from Felicity Bradstock on Oilprice.com. Britain’s […]

Lauritzen Bulkers
Press

Martin Sato returns as CEO at Lauritzen Bulkers

May 19, 2025 Stu Turley

Denmark’s Lauritzen Bulkers has appointed Martin Sato as its new chief executive. Sato, who previously spent 18 years at J. Lauritzen’s dry bulk business, will join the Copenhagen-based shipowner and operator by December from fellow […]

Hudong-Zhonghua
International News

China’s Hudong-Zhonghua delivers its 50th LNG carrier

May 19, 2025 Mariel Alumit

Chinese shipbuilder Hudong-Zhonghua has delivered its 50th liquefied natural gas (LNG) carrier. The vessel is the 174,000-cbm LNG carrier, Al Tuwar, built under the massive QatarEnergy shipbuilding program, which includes the construction of 128 ships. […]

Australian LNG export revenue
Imports

Australian LNG export revenue slightly down in April

May 19, 2025 Mariel Alumit

The consultancy estimates that Australian LNG export revenue reached A$5.43 billion ($3.5 billion) last month. EnergyQuest said this was lower than March’s A$5.58 billion, but down by only 0.5 percent year-on-year from April 2024 (A$5.46 […]

China’s LNG imports
Finance

China’s LNG imports continue to decrease

May 19, 2025 Mariel Alumit

Data from the General Administration of Customs shows that the country received 4.64 million tonnes last month. This compares to 6.22 million tonnes in April 2024. During January-April, China imported 20.06 million tonnes of LNG, […]

LNG terminal
Finance

South Korean LNG terminal secures $815 million loan

May 19, 2025 Mariel Alumit

BS Hanyang said in a statement that Shinhan Bank led the project financing loan, which was supported by nine other financial institutions. This is the largest-ever project finacing deal under Korea’s regional vitalization fund and […]

Netherlands
ENB Pub Note

Netherlands nixes offshore wind farm tenders over bad market conditions

May 19, 2025 Stu Turley

ENB Pub Note: The Netherlands is an example of Natural Gas supporting the renewable sector, and the Natural gas exports for the income make up for the expensive offshore wind. Don’t forget they had shut […]

Estonia
Electrical Generation / Utilities

Estonia awards first building permit for an offshore wind farm – how does the price compair to the other markets?

May 19, 2025 Stu Turley

ENB Pub Note: Estonia’s energy mix is undergoing a significant transition, driven by efforts to reduce reliance on fossil fuels, particularly oil shale, and increase the share of renewables to meet ambitious climate goals. We […]

DDW Offshore
Press

Buyer bows out from DDW Offshore AHTS acquisition

May 19, 2025 Stu Turley

Norway’s DDW Offshore, a subsidiary of Akastor, has revealed that the sale of the anchor handling tug supply (AHTS) vessel Skandi Peregrino has fallen through. DDW Offshore agreed to sell the 2010-built AHTS for a […]

Aramco
Big Oil Companies

Aramco renews ADES jackup deal for 10 years

May 19, 2025 Mariel Alumit

Saudi oil and gas driller ADES has signed a contract renewal for one of its offshore jackup rigs with compatriot Aramco. The company did not disclose which rig this was, but did say that the […]

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